Auddia Announces LT350 Advancement Toward First AI Datacenter Deployment, Engaging Fresh Consulting to Lead Engineering and Development
Rhea-AI Summary
Auddia (NASDAQ: AUUD) announced advancement of LT350 toward its first AI datacenter canopy pilot by executing a Phase 1 Statement of Work with Fresh Consulting.
Fresh will design LT350’s modular GPU canopy architecture, including power, battery, cooling, and solar integration, targeting a first pilot within 18 months of merger close.
Positive
- Definitive Phase 1 SOW signed with Fresh Consulting for LT350 engineering
- Formal launch of architecture and system-level design for first GPU canopy pilot
- Fresh to design modular canopy with GPU/CPU cartridges, batteries, and liquid cooling
- Roadmap to Phase 2 design and Phase 3 fabrication/deployment defined in engagement
- Goal to deliver first LT350 pilot canopy within 18 months of merger close
Negative
- LT350’s first pilot canopy remains contingent on completion of Auddia–Thramann Holdings merger
- Project is still in Phase 1, with commercial-scale deployment pending future phases
Key Figures
Previous AI Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 28 | AI patent update | Positive | -2.1% | USPTO Notice of Allowance for core AI patent expanding IP portfolio. |
| May 19 | LT350 AI concept | Positive | -32.5% | Highlighted LT350 parking‑lot canopy AI network as alternative to megacenters. |
| May 18 | LT350 AI economics | Positive | +20.9% | Outlined LT350 infrastructure potential using disclosed GPU pricing benchmarks. |
| May 12 | AI healthcare profile | Positive | +6.5% | Showcased Influence Healthcare as AI‑driven specialty care platform pre‑merger. |
| May 05 | LT350 infra design | Positive | -8.1% | Detailed LT350’s distributed AI infrastructure minimizing power, water, land conflicts. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-themed announcements have produced mixed reactions, with a slight overall negative tilt driven by a few sharp selloffs.
Key Terms
gpu technical
cpu technical
liquid cooling technical
solar inverter technical
power-sovereign architecture technical
distributed ai datacenter technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Marks LT350’s transition from concept to active engineering and deployment for its first solar parking lot canopy that turns the airspace of parking lots into distributed AI datacenters
Fresh Consulting to design thermal, power, battery, and GPU integration for LT350’s patented modular canopy platform
Engineering and early manufacturing work supports LT350’s goal of delivering its first operational pilot within 18 months of merger close
BOULDER, Colo., June 22, 2026 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ: AUUD) (“Auddia” or the “Company”), an AI first technology company pursuing a merger to form McCarthy Finney, an AI native operating company, today announced that LT350 is advancing toward its first operational AI canopy pilot through the initiation of detailed engineering and deployment planning. LT350 has entered into a definitive agreement to execute the Phase 1 Statement of Work (SOW) with Fresh Consulting, a leading design, engineering, and early manufacturing firm, to begin the engineering and design process for LT350’s first GPU canopy pilot.
The engagement marks the first major engineering milestone and formally initiates the architecture, feasibility validation, and system level design required to stand up LT350’s first operational canopy.
LT350 is one of three businesses that would combine with Auddia to form McCarthy Finney if Auddia’s announced business combination with Thramann Holdings, LLC (“Thramann Holdings”) is completed.
Under the Phase 1 SOW, Fresh Consulting will develop the technical architecture for LT350’s modular GPU canopy, including GPU and CPU server cartridges, battery energy storage cartridges, liquid cooling, solar inverter integration, and the power-sovereign architecture that enables LT350 to operate as a distributed AI datacenter at the edge.
Fresh Consulting will also evaluate partner ecosystems across GPUs, batteries, solar, MEP contractors, and cloud infrastructure, and will deliver a detailed roadmap for Phase 2, design/engineering, and Phase 3, fabrication/deployment. The engagement is designed to establish a deployment ready path toward LT350's first commercial scale pilot. Initiation of the Fresh Consulting engagement is in support of LT350’s goal of delivering its first pilot canopy within 18 months of merger close.
“LT350 represents one of the most ambitious and forward-looking infrastructure concepts we’ve seen in the AI datacenter space,” said Chad Brinckerhoff, Hardware Managing Director at Fresh Consulting. “The opportunity to integrate compute, energy storage, power-sovereign architecture, and modular deployment into a single canopy platform is exactly the kind of multidisciplinary challenge our teams are built for. We’re excited to partner with LT350 to bring this pilot to life.”
“Executing this definitive agreement with Fresh is a major catalyst for LT350,” said Jeff Thramann, Founder and CEO of Auddia and LT350. “We now have a world-class engineering partner engaged to architect the first canopy, validate the technical and economic model, and move us into the build phase. This is the moment LT350 shifts from concept to implementation.”
About Fresh Consulting
Fresh Consulting is a strategy, design, engineering, and early manufacturing firm that builds digital and physical products for global enterprises. The company specializes in multidisciplinary engineering programs that integrate hardware, software, robotics, and advanced systems.
About the Merger to form McCarthy Finney (MCFN)
Auddia entered into a definitive merger agreement on February 17, 2026. The merger contemplates a business combination between Auddia Inc. and Thramann Holdings, LLC, a single member Colorado LLC. Thramann Holdings fully owns LT350, Influence Healthcare, and Voyex, three early-stage AI native operating companies. Upon merger completion, Auddia will change its name to McCarthy Finney and trade under the ticker MCFN. McCarthy Finney is an AI holding company that will deliver AI and Web3 services to its four portfolio companies: LT350, Influence Healthcare, Voyex, and Auddia.
- LT350 is a distributed AI datacenter company with 13 issued, 1 allowed, and 2 pending patents on a proprietary solar parking lot canopy infrastructure platform that integrates modular battery storage and GPU cartridges into the ceiling of the canopy to turn any parking lot into an AI datacenter. The Company aims to build the most secure, lowest latency, cost effective, and rapidly deployed network of distributed AI datacenters at the edge by leveraging the use of underutilized parking lot space while strengthening the existing power infrastructure of local utilities.
- Influence Healthcare is a health-tech company leveraging AI, blockchain, and vertical integration to empower surgeons to drive adoption of value based care (VBC) to the surgical specialties. The Company’s mission is to leverage technology and value based enterprises (VBEs) to build an alternative healthcare system that minimizes the corporate practice of medicine, eliminates administrative waste, and enhances the autonomy and pay of health care providers to empower them to improve quality and return the patient physician relationship to the center of medicine.
- Voyex is a travel services platform that leverages agentic AI, an integrated fintech platform, and utilization of charter and private jet aircraft to significantly improve the travel experience. The Company aims to alleviate the leading pain points for travelers of lengthy flight delays and cancellations.
About Auddia Inc.
Auddia, through its proprietary AI platform for audio identification and classification, is reinventing not only how consumers engage with AM/FM radio, podcasts, and other audio content but also how artists and labels promote their music and gain access to mainstream radio audiences. Auddia’s Discovr Radio is the first music-promotion platform to deliver artists guaranteed exposure to radio listeners. Auddia’s flagship audio superapp, called faidr, delivers multiple industry firsts, including:
- Ad-free listening on any AM/FM radio station
- Content skipping across any AM/FM station
- One-touch skipping of entire podcast ad breaks
- Integrated artist discovery experiences
For more information, visit www.auddia.com.
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Certain statements in this communication, other than purely historical information, may constitute “forward-looking statements” within the meaning of the federal securities laws, including for purposes of the “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995, concerning Auddia, Thramann Holdings, and the proposed merger between Auddia and Thramann Holdings (the “Proposed Transaction”) and other matters. These forward-looking statements include, but are not limited to, express or implied statements relating to Auddia’s and Thramann Holdings’ management expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: the structure, timing and completion of the proposed merger by and between Auddia and Thramann Holdings, and the expected effects, perceived benefits or opportunities of the Proposed Transaction; the combined company’s listing on Nasdaq after the closing of the Proposed Transaction; expectations regarding the structure, timing and completion of the financing needed to close the Proposed Transaction, including investment amounts from investors, timing of closing of the Proposed Transaction, expected proceed, expectations regarding the use of proceeds, and impact on ownership structure; the anticipated timing of the closing; the expected executive officers and directors of the combined company; each company’s and the combined company’s expected cash position at the closing and cash runway of the combined company following the proposed merger and any additional financing; the future operations of the combined company, including research and development activities; the nature, strategy and focus of the combined company; the development and commercial potential and potential benefits of any products and services of the combined company; the cash balance of the combined entity at closing; expectations related to the anticipated timing of the closing of the Proposed Transaction (the “Closing”); the expectations regarding the ownership structure of the combined company; the expected trading of the combined company’s stock on Nasdaq under the ticker symbol “MCFN” after the Closing; and other statements that are not historical fact.
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Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled “Risk Factors” in Auddia’s Annual Report on Form 10-K for the year ended December 31, 2025, which was originally filed with the SEC on March 6, 2026, subsequent Quarterly Reports on Form 10-Q filed with the SEC, and in other filings that Auddia makes and will make with the SEC in connection with the Proposed Transaction, including the Form S-4 and Proxy Statement described below, as well as discussions of potential risks, uncertainties, and other important factors included in other filings by Auddia from time to time. Should one or more of these risks or uncertainties materialize, or should any of Auddia’s or Thramann Holdings’ assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Neither Auddia nor Thramann Holdings undertakes or accepts any duty to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based, except as required by law. This communication does not purport to summarize all of the conditions, risks and other attributes of an investment in Auddia or Thramann Holdings.
No Offer or Solicitation
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Participants in the Solicitation
Auddia, Thramann Holdings, and their respective directors and certain of their executive officers and other members of management may be deemed to be participants in the solicitation of proxies from Auddia’s stockholders in connection with the proposed transaction under the rules of the SEC. Information about Auddia’s directors and executive officers, including a description of their interests in Auddia, is included in Auddia’s most recent Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on March 6, 2026. Additional information regarding the persons who may be deemed participants in the proxy solicitations, including about the directors and executive officers of Thramann Holdings, and a description of their direct and indirect interests, by security holdings or otherwise, will also be included in the Form S-4, the Proxy Statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the sources indicated above.
Investor Relations:
Kirin Smith, President
PCG Advisory, Inc.
ksmith@pcgadvisory.com
www.pcgadvisory.com
